The Korean subsidiary of the management firm Highland Capital Management based in Dallas Texas called the Highland Capital Management Korea Ltd., managed to close a private equity fund that is focused on healthcare with a total capital commitment of over $147 million. The National Pension Service of South Korea was known to be the fund’s anchor investor, and since its humbled beginnings back in 1988, its value has grown tremendously into billions of dollars, and the so-called Sovereign Wealth Fund Institute is reporting that their corpus itself is also priced in billions of dollars. The investors who are actively participating in this fund from the Highland Capital Management has openly expressed their objectives in regards to the healthcare industry and the possible gains and returns that it could bring to their investment. This pertains to the possible opportunities that would arise in Korea, China and the United States of America.
As they are somewhat strangers to Asia, the Highland Capital Management has come to a decision to seek help from a certain Korean private firm that has its main focus on equity and venture capitals. They would be asking them to co-manage the entire fund. Most investors that were flowing in are convinced and are positive on how the firm is seeing the opportunities that would soon rise in this part of the world. With healthcare being the Highland Capital Management’s largest industry, they are hoping that this move would become a bridge between Asia and North America. Since May 2017, the Highland Capital Management firm had reported an approximately one billion and a half dollars in their assets, being invested in other fund structures.
The United State of America’s healthcare industry is currently facing a number of forces that could possibly impact the companies who are acting like the middle man. America’s declining population and the heightened access to these healthcare based services in the Asian continent are actually driving a greater use and more diverse consumer demand on the sector. These factors, if someone would take time to analyze, shows how the services that the firm Highland Capital Management could be used halfway around the globe for the betterment of their lives.